DeFi Technologies Subsidiary Valour Introduces World’s first Physical Yield Bearing Bitcoin (1VBS) ETP in Collaboration with Core Foundation, to German Investors on Xetra, Offering Exposure to Bitcoin with an initial fixed yield of 1.40%
DeFi Technologies subsidiary Valour has launched the world's first physical yield-bearing Bitcoin ETP (1VBS) on Frankfurt Börse Xetra. The product, developed in collaboration with Core Foundation, offers German investors exposure to Bitcoin with an initial fixed yield of 1.40% and a 0.9% management fee.
The 1Valour Bitcoin Physical Staking ETP (ISIN: GB00BRBV3124) leverages the Core blockchain network, which is powered by Bitcoin and provides EVM compatibility. The innovative product generates yield by delegating Bitcoins to Core validators while maintaining custodial control. Staking rewards are converted to Bitcoins and added to the ETP's NAV daily, with trading commencing on November 1, 2024.
Valour, una controllata di DeFi Technologies, ha lanciato il primo ETP fisico a rendimento su Bitcoin al mondo (1VBS) presso la Borsa di Francoforte Xetra. Il prodotto, sviluppato in collaborazione con la Core Foundation, offre agli investitori tedeschi un'esposizione a Bitcoin con un rendimento fisso iniziale dell'1,40% e una commissione di gestione dello 0,9%.
L'ETP fisico Bitcoin di Valour (ISIN: GB00BRBV3124) sfrutta la rete blockchain di Core, alimentata da Bitcoin e compatibile con EVM. Questo prodotto innovativo genera rendimento delegando Bitcoin ai validatori di Core, mantenendo il controllo custodiale. Le ricompense da staking vengono convertite in Bitcoin e aggiunte giornalmente al NAV dell'ETP, con le trattative che inizieranno il 1° novembre 2024.
Valour, una subsidiaria de DeFi Technologies, ha lanzado el primer ETP físico generador de rendimiento en Bitcoin del mundo (1VBS) en la Bolsa de Frankfurt Xetra. El producto, desarrollado en colaboración con la Core Foundation, ofrece a los inversores alemanes exposición a Bitcoin con un rendimiento fijo inicial del 1.40% y una tarifa de gestión del 0.9%.
El ETP físico de Bitcoin de Valour (ISIN: GB00BRBV3124) aprovecha la red blockchain de Core, que está impulsada por Bitcoin y ofrece compatibilidad con EVM. Este producto innovador genera rendimiento delegando Bitcoins a los validadores de Core, manteniendo el control custodial. Las recompensas de staking se convierten en Bitcoins y se añaden diariamente al NAV del ETP, comenzando las operaciones el 1 de noviembre de 2024.
DeFi Technologies의 자회사 Valour가 세계 최초의 실물 비트코인 수익 생성 ETP(1VBS)를 프랑크푸르트 보르세 제트라(Xetra)에서 출시했습니다. 이 제품은 Core Foundation과 협력하여 개발되었으며, 독일 투자자들에게 비트코인에 대한 노출을 제공하며 초기 고정 수익률은 1.40%이고 관리 수수료는 0.9%입니다.
Valour 비트코인 실물 스테이킹 ETP(ISIN: GB00BRBV3124)는 비트코인으로 구동되는 Core 블록체인 네트워크를 활용하며 EVM 호환성을 제공합니다. 이 혁신적인 제품은 비트코인을 Core 검증자에게 위임하여 수익을 창출하면서도 관리적 통제를 유지합니다. 스테이킹 보상은 비트코인으로 변환되어 ETP의 NAV에 매일 추가되며, 거래는 2024년 11월 1일부터 시작됩니다.
Valour, une filiale de DeFi Technologies, a lancé le premier ETP physique portant intérêt sur Bitcoin au monde (1VBS) à la Bourse de Francfort Xetra. Le produit, développé en collaboration avec la Core Foundation, offre aux investisseurs allemands une exposition au Bitcoin avec un rendement fixe initial de 1,40 % et des frais de gestion de 0,9 %.
L'ETP physique Bitcoin de Valour (ISIN : GB00BRBV3124) tire parti du réseau blockchain Core, alimenté par Bitcoin et offrant une compatibilité EVM. Ce produit innovant génère des rendements en déléguant des Bitcoins aux validateurs Core tout en maintenant le contrôle de la garde. Les récompenses de staking sont converties en Bitcoins et ajoutées quotidiennement à la NAV de l'ETP, avec des transactions commençant le 1er novembre 2024.
Die Tochtergesellschaft Valour von DeFi Technologies hat das weltweit erste physische renditetragende Bitcoin-ETP (1VBS) an der Frankfurter Börse Xetra eingeführt. Das Produkt, das in Zusammenarbeit mit der Core Foundation entwickelt wurde, bietet deutschen Investoren eine Exposition gegenüber Bitcoin mit einer anfänglichen festen Rendite von 1,40 % und einer Verwaltungsgebühr von 0,9 %.
Das 1Valour Bitcoin Physical Staking ETP (ISIN: GB00BRBV3124) nutzt das Core-Blockchain-Netzwerk, das von Bitcoin betrieben wird und EVM-Kompatibilität bietet. Das innovative Produkt generiert Rendite, indem es Bitcoins an Core-Validatoren delegiert und dabei die Verwahrungskontrolle aufrechterhält. Die Staking-Belohnungen werden täglich in Bitcoins umgewandelt und dem NAV des ETP hinzugefügt, wobei der Handel am 1. November 2024 beginnt.
- Launch of first physical yield-bearing Bitcoin ETP with 1.40% initial fixed yield
- Generates passive income through staking while maintaining full custodial control
- Daily yield reflection in NAV and Digital Asset Entitlement
- Competitive 0.9% management fee
- Short-term lockup period required for staking process
- Launch of Physically Backed Yield-Bearing Bitcoin (BTC) ETP on Xetra: Valour Digital Securities Limited and Core Foundation partner to bring a yield-bearing Bitcoin (“BTC”) ETP on Frankfurt Börse Xetra with a
0.9% management fee, offering German investors exposure to Bitcoin with an initial fixed yield of1.40% .
- 1Valour Bitcoin Physical Staking (1VBS) ETP with Core Blockchain: The Core blockchain network, powered by Bitcoin, forms the foundation for 1Valour Bitcoin Physical Staking (1VBS) ETP (ISIN: GB00BRBV3124), providing Ethereum Virtual Machine (“EVM”) compatibility and the innovative Satoshi Plus consensus mechanism to enhance security and scalability.
- Simplified Investment with 1Valour Bitcoin Physical Staking (1VBS) ETP: Through delegating Bitcoins to Core validators, this innovative product ensures custodial control while offering yield without the need for investors to set up their own validators. The yield is reflected in the Digital Asset Entitlement and Net Asset Value (NAV) at the end of each trading day.
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (“DeFi”), is pleased to announce that Valour Digital Securities Limited ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, has introduced a new physically backed, high-yield Bitcoin (“BTC”) ETP for German investors in collaboration with Core Foundation, an organization dedicated to the development of the Core blockchain network ("Core Chain"). This addition to Valour’s portfolio on Xetra offers a new, physically backed option alongside the yield-focused certificate launched earlier this year, to address diverse investor needs.
The ETP provides German investors exposure to Bitcoin with an initial fixed yield of
“This new staking ETP represents a significant opportunity to investors. 1VBS not only invests the world’s strongest crypto currency but also generates passive income through an innovative staking mechanism. This dual benefit enhances an investor’s investment strategy while simplifying the process, allowing the earning of rewards without the technical complexities of managing underlying assets and staking process. It is a compelling option for informed investors seeking to grow their portfolios in a regulated environment.", says Elaine Buehler, Head of Product at Valour.
Trading of the 1Valour Bitcoin Physical Staking (1VBS) ETP (ISIN: GB00BRBV3124) commenced on November 1, 2024, with a
“We’re thrilled to bring German investors a new, physically backed, yield-bearing Bitcoin ETP on Xetra, offering secure and simplified access to Bitcoin’s growth potential with an attractive initial fixed yield of
Core Chain: Enhancing Security and Yield
The Core blockchain network, a Bitcoin-powered layer-one blockchain compatible with Ethereum Virtual Machine (EVM) smart contracts, supports 1Valour Bitcoin Physical Staking (1VBS). By leveraging
1Valour Bitcoin Physical Staking (1VBS) simplifies Bitcoin investment, making it secure and accessible for investors seeking Bitcoin’s growth potential. Yield is credited to each product’s Digital Asset entitlement and reflected in the Net Asset Value (NAV) daily.
Yield Generation and Custodial Security
The 1Valour Bitcoin Physical Staking (1VBS) ETP generates yield by delegating Bitcoins to a Core Chain validator through non-custodial, native Bitcoin staking. Staking rewards, received as CORE tokens in a separate wallet, are converted to Bitcoins and added to the ETP’s NAV and own wallet daily. The underlying assets of the ETP remain in Bitcoins at all times. Core Chain, a secure and scalable layer-one blockchain powered by Bitcoin, is supported by a unique ‘Satoshi Plus’ consensus mechanism that enables Bitcoin miners to delegate Proof of Work (“DPoW”) to Core validators, thereby developing the potential of Bitcoin-backed decentralized applications.
Throughout the staking process, Valour retains full custodial control, ensuring security and compliance. Bitcoins are securely staked through a ‘stake transaction,’ a native Bitcoin transaction type with a short-term lockup period, including staking details like the Core Validator and reward address. During the lockup, the underlying Bitcoins cannot be transferred or slashed, and they remain under Valour’s custodial control with a regulated custodian at all times.
About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/
About Valour
Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF).
In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP, 1Valour Ethereum Physical Staking, and 1Valour Internet Computer Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TON), Internet Computer (ICP), Chainlink (LINK), Hedera (HBAR), Core (CORE), Enjin (ENJ), Valour Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Sui (SUI), Valour Digital Asset Basket 10 (VDAB10) and 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETPs with low management fees. Valour's flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free. For more information about Valour, to subscribe, or to receive updates, visit valour.com.
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of 1Valour Bitcoin Physical Staking (1VBS) ETP and yields thereunder; the development of the Core blockchain; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
For further information, please contact:
Olivier Roussy Newton
Chief Executive Officer
ir@defi.tech
(323) 537-7681
FAQ
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